Operation of law (such as BK)2.

If the prime rate was to climb a few points, I am willing to bet all the banks will jump back on board.I have not had a problem with my HELOC from my credit union to date (knock on wood) and they seem to have the lowest rates, lowest fees ($0), and the simplest approval process.

Tim - I'll bet your Dad taught you the meaning of real work, something far too many don't know much about.....

Based on your posts, I bet you'll have a lot to offer to the forum!

I have been a landlord for over 10 years so I know how to run a rental operation and make money.BW

Assuming you calculated all the expenses that most people leave off and your ending up with a + cashflow of $50 for your property, chances are you are really "-" once you get to operating the property for a year or so especially if you are not a handy man.

YEAH BET GOING TO THE LOCAL REA WOULD BE A START, HUH?

Setting up an entity is recommended, particularly if you have multiple properties and are operating a business, not just one passive income investment.

Will, the difference between NR and other gurus/bootcamps is the sleazy way they operate, especially on the internet.

However, with a second job (and saving every nickel from it) you could easily bank $25K in the next 12 months.Learn how RE laws and customs operate in your neighborhood.